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Immigration News

Immigration News

29-Sep-2022

AUSTRALIA - BUSINESS INNOVATION AND INVESTMENT PROGRAM OPENS FOR 2022-23

The South Australia’s Business Innovation and Investment Program (BIIP) is now open for the 2022-23 program year. The Australian Business Migration program pursues to interest high quality business owners, investors and entrepreneurs who can create real and supportable business opportunities in South Australia, which includes regions that benefit the State’s economy of Australia and local businesses and the workforce.

The Government of South Australia’s business migration program seeks to attract high excellence business owners, investors and entrepreneurs who can create honest and sustainable business opportunities in South Australia, including in the regions, that benefit the State’s economy, local industries and the workforce.

The South Australian Government’s main objectives for the business migration program are to:

  • Attract high quality investment into the South Australian economy.
  • Increase employment in South Australia.
  • Drive innovation to make South Australia more productive and competitive.

There will be four visa streams available for nominating under this program for the year 2022-23 under the Business Innovation and Investment visa through subclass 188, which are as follows:

  • BUSINESS INNOVATION STREAM (188A)  
  • INVESTOR STREAM (188B) 
  • SIGNIFICANT INVESTOR STREAM (188C) 
  • ENTREPRENEUR STREAM (188E) 

The Business Innovation program will be highly selective due to the limited short-term allocation of 70 nomination places for South Australia has received from the Commonwealth Government Department of Home Affairs. Therefore, prospective applicants for the Business Innovation Stream under 188A will be mandatory to submit an Intention to Apply (ITA) for consideration for their application to be selected.  

Prospective applicants are requested to look at South Australia’s Business Innovation and Investment Program (BIIP) nomination requirements for the 2022-23 program year to see if prospective applicants will meet the requirements are eligible for state nomination.  All information and requirements for South Australian nomination is available on the business migrants section of this website. Prospective applicants can get in touch with us to assess their eligibility under South Australia’s Skilled & Business Migration programs.   

Using a migration agent / MARA Representative may give an applicant rightful information to lodge a strong and a fully-loaded application which has the option of getting the applicant and his family the need of getting their permanent residence visa approved.

Bilimoria & Associate is specialised in Immigration visas to Australia with over 27 years of experience and will be able to guide applicants to lodge successful visa application based on their eligibility. Bilimoria & Associate liaisons with Migration Agents Registration Authority (MARA) and Member of Migration Institute of Australia (MIA).  

Applicants can forward their resume to assess their eligibility towards obtaining successful family Immigration visa to Australia. You can write to us to assess your eligibility at:  neville@bilimoriaassociate.com  (or) contact us +91 44 2823 9229  / 4350 8191 /  2822 7127 / 2822 7222  between Monday and Friday, 10.30 am to 5.30 pm to guide you and assist you in your visa application to Australia.

 

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